Indian equity benchmarks ended higher on Thursday with the Sensex gaining 212.88 points or 0.36% to settle at 59,756.84. The Nifty gained 80.60  points or 0.46% to end at 17,736.95.

The broader indices ended green with the BSE MidCap index gaining 0.44% and the SmallCap index up by 0.41%. The top gaining sectoral indices on the BSE were Metal by 3.02%, Realty by 2.95%, Utilities by 1.85%, Power by 1.84%, and Oil & Gas by 1.39%. While the only losing sectoral indices on the BSE were IT by 0.48% and TECK by 0.02%.

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Gland Pharma Limited: The stock opened with a negative gap and ended 14.64% lower at Rs 1,898.60 on the BSE after reporting a 20.14% decline in net profit to Rs 241.24 crore in the second quarter of the financial year 2022-23. The profit after tax (PAT) was reported at Rs. 302.08 crore. Revenue from operations was at Rs 1,044.4 crore, as against Rs 1,080.47 crore in the year-ago quarter.

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JSW Steel Ltd: The stock opened with a positive gap and ended 5.44% higher at Rs 679.45 on the BSE after its unit JSW Steel USA signed a long-term financing agreement with two Italian banks, Intesa Sanpaolo and Banco BPM, for a plate mill modernization project in Baytown, Texas and raised $182 million.

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IIFL Finance: The stock opened with a positive gap and ended over 10% higher at Rs 399.45 on the BSE after it reported a 36% rise in its net profit at Rs 397 crore in September quarter. The company’s total income during the reviewed quarter rose to Rs 2,051.44 crore as against Rs 1,713.37 crore in the year-ago quarter, it said in a regulatory filing.

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Century Textiles and Industries Limited: The stock opened with a positive gap and ended 7.73% higher at Rs 877.05 on the BSE after reporting a 59.38% rise in net profit at Rs 69.97 crore for the second quarter of the financial year 2022-23. The profit reported in the year-ago quarter was at Rs 43.9 crore, the company said in a regulatory filing. Revenue from operations rose to Rs 1,242.11 crore from Rs 1,034.27 crore in the corresponding quarter a year ago.

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Dabur India: The stock ended 3.24 higher at Rs 549.35 on the BSE after reporting a 2.85% year-on-year decline in consolidated net profit to Rs 490.86 crore for the second quarter of the financial year 2022-23. The FMCG major had reported a net profit of Rs 505.31 crore in the year-ago quarter. Revenue from operations rose 6% to Rs 2,986.49 crore during the reported quarter against Rs 2,817.58 crore recorded in year-ago period. 

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Crompton Greaves Consumer Electricals: The stock ended nearly 3% lower at Rs 366.90 on Thursday after it reported a fall of 18% in net profit to Rs 131 crore in July-September quarter 2023. Revenue grew by 23% to Rs 1,700 crore in the quarter. The company’s EBITDA for the quarter stood at Rs 193 crores, a decline of 10%. 

Jammu & Kashmir Bank: The stock after opening with a positive gap ended 3.89% higher at Rs 38.70 on the BSE on Thursday.